DennyP

Defensive positioning

Alış
DennyP Güncellendi   
AMEX:NUGT   Direxion Daily Gold Miners Index Bull 2XShares
Let's see. TLT is up. VIX is up. Gold price up. DXY cannot break though 97 again. Stock market indexes neutral.

I think some big money is moving into defensive positions. I'll open a position in NUGT as a hedge. Watching DXY to see if it goes higher than 97. If DXY drops from 97, NUGT should see a good return (hopefully).

Yorum:
I sold half my position today ahead of the weekend to lock in gains. I'll let the other half ride. Stop loss moved up to $21 (the open on the gap-up).
Gains = ( $22.70 - $19.50 ) = $3.20 / share = ~16.4%.
I'm happy with this!
Stay safe out there.
İşlem kapandı: durdurma seviyesi:
$21 stop hit. I'm out of this position. Got nice gains on this one.
Going to sit on the sidelines for a bit to determine some future direction.
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.